6504 Carmel Point, Walls, MS, 38680 | $946/mo Cash Flow

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Walls at 6504 Carmel Point, Walls, MS, 38680 priced at $299,000 converts $2,790/mo rent into $946/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,790/mo, and annual cash flow totals $11,354/yr on $99,119 invested. Return on cash invested prints 31.36% in year one, and rental yield reads 11.2% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 164.29% and total cumulative return in cash sums $162,838. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,790/mo property income covering a $1,463/mo payment, not borrower’s personal income.

Single Family

Built in 2023

0.25 Acres lot

$N/A/sqft

$175 annually HOA